Meat Processing Equipment Market is expected to record a CAGR of 6.2% From 2014 to 2025
The global meat processing equipment market size is expected
to reach USD 16.22 billion by 2025, according to a new report by Grand View
Research, Inc., exhibiting a CAGR of 6.2% during the forecast period. Rising
demand for processed meat products owing to changing eating habits is
anticipated propel industry growth over the forecast period.
Increasing purchasing power of buyers owing to
rising per capita income is expected to boost industry growth. In addition,
factors such as growing number of slaughterhouses, improved packaging
strategies, and introduction of a number of ready-to-eat meals are expected to
benefit market growth.
Notable investments by companies in order to improve
processing technology is presumed to increase equipment sales. Increasing focus
of companies on developing technology to improve product safety and quality and
increase productivity is also expected to boost demand for advanced processing
equipment.
High demand for animal proteins owing to rising
awareness regarding health benefits is expected to boost demand for such
products, which in turn is expected to fuel growth. Manufacturers in the market
generally manufacture standardized equipment due to usage of standard processing
procedures for a particular type of meat and to gain desired output.
Manufacturers in the industry are involved in
product distribution through direct sales to economies they are operating in.
In addition, they operate in international markets either through manufacturing
locations established by them or through third-party distribution channels.
Full
Research Report On Global Meat Processing Equipment Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/meat-processing-equipment-market
www.grandviewresearch.com/industry-analysis/meat-processing-equipment-market
Further
key findings from the report suggest:
- By product, slicing equipment is expected to
register a CAGR of 6.2% from 2018 to 2025, owing to development of
integrated machines that weigh, slice, and package meat through a single
operation
- By type of meat, pork processing equipment is
estimated to be the fastest growing segment with a CAGR of 6.9% from 2018
to 2025, owing to increasing consumption of processed pork products,
coupled with declining cost of the meat
- The market in Asia Pacific is expected to reach
a value of USD 4.21 billion by 2025 on account of growing population and
increasing consumption of meat products in the region
- The global industry is characterized by
presence of large number of players with localized operations and
additional distribution chains in order to cater to the demand across
international markets.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/food-safety-and-processing
www.grandviewresearch.com/industry/food-safety-and-processing
Grand View Research has segmented the global meat processing equipment
market report on the basis of product, meat type, and region:
Meat
Processing Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)
- Slicing
- Blending
- Dicing
- Grinding
- Massaging
& Marinating
- Smoking
- Tenderizing
- Other
Meat
Processing Equipment Meat Type Outlook (Revenue, USD Million, 2014 - 2025)
- Beef
- Mutton
- Pork
- Other
Meats
Meat
Processing Equipment Regional Outlook (Revenue; USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Brazil
- Middle
East & Africa
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-meat-processing-equipment-market
www.grandviewresearch.com/press-release/global-meat-processing-equipment-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More
Information: www.grandviewresearch.com
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